Israel, April 10: Salvador Technologies, a leading provider of cyber-attack recovery platforms for critical infrastructures and industrial organizations, today announced securing an investment from Deutsche Telekom.
The investment was made through Deutsche Telekom’s hubraum Fund, although the specific amount remains undisclosed.
This strategic infusion of capital will accelerate Salvador Technologies’ expansion efforts across the DACH region, Poland, and the United States.
The hubraum Fund is known for connecting its portfolio companies with significant business and technology ecosystems, and provides them access to Deutsche Telekom’s extensive customer base. This backing is expected to significantly enhance Salvador Technologies’ sales distribution networks and bolster its presence in crucial international markets.
Salvador Technologies has innovated a patented technology that markedly reduces downtime during cyber disruptions. The platform integrates hardware connected to HMI or SCADA systems, agent software, and a monitoring system that allows full operational visibility. This setup enables operations to recover from cyber-attacks within just 30 seconds, sidestepping traditional recovery protocols and limiting potential damages.
The technology is marketed through a network of channel partners, including Managed Security Service Providers (MSSPs), system integrators (SIs), and value-added resellers (VARs). These partners employ Salvador’s robust platform to deliver enhanced cybersecurity services and ensure operational continuity for their clients in critical infrastructure and industrial sectors.
Tamar Shlimak, Investor at Deutsche Telekom’s hubraum Fund, stressed the increasing importance of cyber security: “In recent years, the surge in cyber-attacks against critical infrastructure and operational technology systems has made OT/ICS security a paramount concern for industrial enterprises. We are excited to support Salvador Technologies’ cutting-edge solutions that are crucial for maintaining business continuity and operational resilience.”
Alex Yevtushenko, Co-Founder and CEO of Salvador Technologies, reflected on the new partnership, “Our collaboration with Deutsche Telekom not only brings strategic investment but also opens numerous opportunities for business expansion through access to their global network. This partnership significantly enhances our market reach and the capabilities of our platform.”
This new partnership underlines Salvador Technologies’ commitment to broadening its influence and assisting more organizations in strengthening their defenses against cyber threats. With the support from Deutsche Telekom’s hubraum Fund, Salvador Technologies is poised to further its position as a global leader in rapid cyber-attack recovery solutions.
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